I guess we all need to conform to some standard of dialogue on this board. Don't offer opinions that might be contrary to the belief of the masses or face the consequences!

I'm not sure what conforming has to do with anything. You're welcome to post any ol' crazy theory you want. Don't expect it to go unchallenged though. Of course the only real consequences are your account balances if you're currently sitting in cash waiting for that imminent crash.

Logged

"Compound interest is the most powerful force in the universe." -- Einstein

I guess we all need to conform to some standard of dialogue on this board. Don't offer opinions that might be contrary to the belief of the masses or face the consequences!

Yes, I think some standard is required.

Opinions contrary to the belief of the masses are not only welcomed but encouraged. In fact, I think this entire community holds some core views that are contrary to that of the masses.

I think that constantly having an opinion that this is the top (or bottom, or whatever) of the market, and not expecting to get ridiculed when wrong is naïve. Especially since it's the very fact that these predictions are constantly made is what makes them ridiculous.

One day, someone is going to say the market will crash because of blah blah blah and the market will crash. Then that person will say how they're a genius, but all of these other threads will show they were just lucky.

I guess we all need to conform to some standard of dialogue on this board. Don't offer opinions that might be contrary to the belief of the masses or face the consequences!

Nonsense. You are vigorously encouraged to voice your opinions, especially when they make specific predictions about timing the market, because then there is a(n ever expanding) concrete record of calamitous predictions for us to point to when the world does not end. Predicting the future is harder than it looks.

Don't worry, someday one of you will be right. In the meantime, you're all going to continue to be wrong.

I think the original top was the bottom and the new top is in. Of course tomorrow could prove me wrong, yet again, and the old top could be the new bottom. Wait, are we talking about the market. Oh no I've gone cross-eyed!

The annoying thing is, one of these days the next investing prodigy will come to these boards and say there's going to be a crash and time it right, then we will need to listen to them go on and on about their investing prowess.

Very true. We'll reply, "You were lucky! Now tell us when to buy at the low.", and the prodigy, like a best selling author afraid to publish their second book, will reply, "I'm not going to tell you losers when to buy. You dissed me last time!"

If we're lucky, the prodigy will then storm off to elitetrader to make a living as a day trader and leave the MMM forums alone.

The annoying thing is, one of these days the next investing prodigy will come to these boards and say there's going to be a crash and time it right, then we will need to listen to them go on and on about their investing prowess.

The annoying thing is, one of these days the next investing prodigy will come to these boards and say there's going to be a crash and time it right, then we will need to listen to them go on and on about their investing prowess.

Yep, they're been showing up pretty regularly since the forum got started at around Dow 12k. They got pretty pushy about it around Dow 14-15k as we crossed the previous high water mark, and then again around 18k with all of the momentum trading talk. Now here we are pushing 21k and they're still making the same dire predictions, and some day they may be right.

The annoying thing is, one of these days the next investing prodigy will come to these boards and say there's going to be a crash and time it right, then we will need to listen to them go on and on about their investing prowess.

This thread brings me back to my internet surfing habits of 2008-2010 when I fell victim to recession porn websites and would spend way too much time reading about further market crashes, a total economy meltdown and the coming Argentinaification of the US economy.

The annoying thing is, one of these days the next investing prodigy will come to these boards and say there's going to be a crash and time it right, then we will need to listen to them go on and on about their investing prowess.

This thread brings me back to my internet surfing habits of 2008-2010 when I fell victim to recession porn websites and would spend way too much time reading about further market crashes, a total economy meltdown and the coming Argentinaification of the US economy.

meh, the econ growth is slowing (has been for almost 6 months now, still growing but rate has slowed), but historically that's when the crowd starts rushing in and pushing market to new highs, it's going to be glorious. Fellow forum members, please keep us updated if and when you start taking a more aggressive investment approach, it will aid some of us in leaving the party before the music stops. :)

The top is still in. XIV triple top with VIX bouncing back. US Steel down 26% as reality sets in.

You're a billionaire, right? If you can so accurately predict market movements and issue terse, super-duper-important-sounding market acronyms and indicators, there is no reason you should not have billions of dollars. If by chance you're not a billionaire, why would anyone listen to you?

meh, the econ growth is slowing (has been for almost 6 months now, still growing but rate has slowed), but historically that's when the crowd starts rushing in and pushing market to new highs, it's going to be glorious. Fellow forum members, please keep us updated if and when you start taking a more aggressive investment approach, it will aid some of us in leaving the party before the music stops. :)

Most forum members use an IPS and don't change their positions using crystal ball projections. Of course, some may have not been invested in 2008/9 and their IPS will wall by the wayside when a declining market rears its ugly head.

And, both the fibonacci candlestick pattern and fabian numistatic charts, in an "W-M" schema, show an increasing market for the foreseeable future. Onward and upward!

Well I for one am happy I sold everything and went 100% to cash and gold bullion thanks to Thorstach's advice. Thorstach can clearly tell the difference between an uptrend and a downtrend without the need to wait for data from the future.

Top is still in and ATH intact according to my charts. VIX ramping back up, XIV unable to break out.

How can the top "still" be in? If it's in now, and the market has gone up, then it can't have been in before.

You might as well claim "today I am the oldest age I will ever be." On the day you die you'll be right. Every other day you said it you're wrong. Being right that last day does not mean you have any predictive powers, it means you kept guessing wrong until you finally got lucky and died.